Ann: AERIS REPORTS HALF YEAR NET PROFIT OF $45.9M, page-364

Valuations are wide and varied as evidenced by analytical research houses - some get close some are way off. Mining companies tend to proactively take steps to increase resources thus longevity. Whilst the expectation of share price improvement is there, one can never guarantee it - too many variables and risks. For example, as at June 2018 AIS SOI were just under 400mill - as at June 2020 it has ballooned out to just over 1.5bill - I don't think anyone foretold this back in 2018 - I'd imagine many longer term holders would not be too impressed with this kind of dilution. Whilst AIS is not alone with this sort of thing, it just goes to show that a lot can happen due to unforseen circumstances.

RVR has an increasing gold resource base - currently well in excess of 500koz with an expected mine life of at least 10 years plus just on that resource alone with much lower SOI and yet SP is only at low levels - nowhere near a dollar - so there must be also other perceptions that markets look at.

Don't get me wrong - I'd be rather pleased if your prediction of 20c for AIS materializes within 12months (it may even be more) - I'd just be shy of doubling my investment - absolutely nothing wrong with that.